Business News

SME Sector will Maintain Consistent Cash Flow

Despite the country’s economic downturn and a less than satisfying 2017 budget, the small to medium enterprises are finding innovative means and ways to maintain consistent cash flow.

Since its launch in June this year, NDB Investment’s Meals on Wheels food trucks have garnered serious interest from entrepreneurs.

The convenient food trucks have revolutionised the food industry in PNG, welcoming the idea that food can be quick and nutritious at the same time.

Driving around the city, one can recognise the bright red mobile food trucks, parked in places that generate serious foot traffic, like next to banks and waigani’s government precinct. A far cry from the food sold in eskies or containers by the side of the road.

Janine Garap is the proud owner of a Meals on Wheels food truck and shares her experiences.

Janine maintains that going into business on your own is not for everybody. There are days you will have work and days you won’t.

It’s a game of chance. However, she adds that if aspiring entrepreneurs are willing to hang in there and put in the hard yards, success is inevitable.

With the country’s cash flow problems and the allocation towards SME’s, hardly making a dent in the budget, entrepreneurs are managing with what they have.

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